$2,095,000
6 Bed
8 Bath
3,350 Sqft
6,004 Sqft Lot

18218 Mansel Avenue, Redondo Beach, California 90278

  • Residential Property Type
  • 3,350 Sqft Square Footage
  • 6 Cars Garage
  • 1907 Year Built
Property Description

Incredible opportunity to step into a fabulous-turn-key income-producing property in the heart of east Redondo Beach’s “El Nido” neighborhood. This 3,350 sq. foot property with two brand new built homes and remodeled front house is perfect for the investor or landlord that likes low deferred maintenance over the coming years of ownership. There is even an option to build an additional income unit. Monthly occupied rents are very close to current market value and offer a competitive cap rate. The two New Built Homes to the rear of the lot have mirror layouts and offer a large open “loft-like” first floor area with a modern kitchen, washer and dryer, high-end appliances, great entertainment area and operational solar panels, which lower energy costs significantly. A downstairs bath exudes quality and convenience for family and guests. With tons of light and a bespoke modernistic feel, these units are designed to please. Upstairs, it includes a primary suite with dual sinks in the highly appointed full bath with walk in closet, and the secondary bedroom with an additional highly appointed full bath. Off street parking is plentiful with a generous outside common area. The level of build quality and luxury far exceeds standard rental “expectations” and helps contribute to anticipated competitive rental rates and income longevity. The front house features 2 bedrooms and 2 baths and is completely remolded with newer windows and wide plank flooring. This light and bright airy feeling in the front house offers western exposure for sea breezes, and gleaming sunset and dusk views with plenty of ambiances. The amazing open floor plan leads to a generous family area adjacent to a modernly appointed kitchen with a wrap-around tile counter and breakfast bar. The two bedrooms offer spacious privacy with two bathrooms for convenience. An in-unit laundry area is a dream bonus for the discerning renter. Ample off street parking is a plus. As well, the best part for your future income is that the deferred maintenance of brand-new high-quality construction can lead to a peaceful and easily managed income situation. With an unprecedented walking score of 100, this property checks off all the desires that high quality renters demand in today’s marketplace. Grocery, restaurants, shopping, South Bay Galleria, etc. are just steps from your door for convenience. Freeway access is nearby and the infamous “Redondo Beach” is a couple of minutes from you. This is a must-see property that won’t last long

Basic Details
Residential
For Sale
24395403
$2,095,000
6
8
6
2
3,350 Sqft
1907
6,004 Sqft
Active
Single Family Residence
Features
: Central, Wall Furnace
: Central Air, Electric
: Partial
: Concrete
: 6
: Unfurnished
0
: Gas Range, Electric Cooktop
: Contemporary
: Laminate
: Recessed Lighting, Walk-in Closet(s), Open Floorplan
: Garage, Assigned, Driveway, Side By Side, Shared Driveway, Tandem, Pullthrough
$0
: Other
: Double Pane Windows
Address Map
California
Los Angeles
Redondo Beach
90278
18218 Mansel Avenue
0
W119° 38' 41.3''
N33° 51' 53.5''
Redondo Beach El Nido Neighborhood
Additional Information
$0
3,350 Sqft
$0
: Stucco
8
West
$0
0
1
1
1
40x150
$0
4083005008
: Standard
2
$0
RERR-LM
Broker/Agent Information
Keller Williams Hollywood Hills
CLW-X7252101
Mark Gallandt
CLW-C115925
mark@markgallandt.com
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069